John Collison: prediction

Transcript context

…Yeah, I think it is something that people are used to but if you think of a check sitting in the mail for 10, 14 days, yes, maybe it’s floating someone’s ability to get that. So it’s cashflow management. I think that’s a legit thing that I think you have to solve for if you’re saying not every business wants instant money movement. I do think that there’s also a sense of having to go through any set of ACH hops doesn’t make sense. I was joking with Jackson on our podcast that the takeaway I had from Stripe Sessions was instant money movement. I was like, all right, that’s going to be a solved problem. What’s the next problem we can solve? And I was talking to some Stripes afterwards and they’re like, no, it’s actually still really hard. I was like, I’m thinking five years in the future, you guys have got this. No, I think we will make a lot of progress there. It feels like many things are coming together. I’m curious, well, maybe you can explain briefly how you guys use Stripe to set up my actual question, which is if you were running Stripe, what would you do differently? I think you guys are doing a great job running Stripe.…

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